Much of the heat of Democrat and Republican lawmakers in the United States congressional hearing, who questioned four America's most prominent tech CEOs, fell on Google and Facebook as the bosses of these two tech giants were criticized the most for their alleged abuse of their power in the market...

Google's parent company, Alphabet Inc., and South Korean electronics manufacturer Samsung are discussing promotion of Google products on Samsung devices, Bloomberg reported. According to the agency’s sources, Google will be able to tighten control over the search engine on Samsung devices. While...

Compared to what it has charged the United States for its vaccine against the novel coronavirus that is still undergoing development, Pfizer Inc has said that the price for its vaccine candidate will not be lowered for other developed countries, the company said.   Pfizer finalized a deal...

Antitrust regulators of the European Union have been sued by the social media giant Facebook for allegedly seeking more information from Facebook than what the social media platform deemed necessary.   Facebook alleged that the antitrust regulators of the EU had sought from the company...

Indian Reliance Industries Ltd bypassed American ExxonMobil Corp. and ranked second in the list of the largest energy companies in the world by market capitalization. Saudi Aramco remained in first place. On Friday in Mumbai, shares of the company, controlled by Asia's richest man Mukesh Ambani,...

An additional grant of $472 million was given to the United States based drug maker Moderna Inc by the US government’s Biomedical Advanced Research and Development Authority (BARDA) to help the pharma company to further its development process for its vaccine against the novel coronavirus caused...

In the first quarter of the 2020-2021 fiscal year ended June 30, the Japanese carmaker Mitsubishi Motors received a net loss attributable to the company's shareholders in the amount of 176.16 billion yen ($1.65 billion) against a profit of 9.312 billion yen ($87,6 million) a year earlier, the...

The ruling was a happy news for Apple Inc, as it had expressed concerned not about paying the tax altogether but about where the tax was needed to pay. Last week, Apple witnessed a “major win” when the second highest court of Europe dismissed an EU payment order to former of “13 billion euros” for...

US aerospace corporation SpaceX, owned by billionaire Elon Musk, is in talks to raise funds by selling its shares worth about $ 1 billion, Bloomberg reported, citing sources familiar with the matter. "SpaceX is in talks with investors to raise about $ 1 billion at a price of $ 270 per share," the...